IT-Seal GmbH has been acquired by Hornetsecurity GmbH
The shareholders of IT-Seal GmbH have sold the company to Hornetsecurity GmbH.
IT-Seal is active in the cybersecurity segment and offers security awareness training software. The company specializes in establishing a sustainable security culture by using innovative technologies to train employees at businesses and organizations worldwide. IT-Seal uses a scientific, patented security awareness indicator (Employee Security Index - ESI®) to make security awareness measurable and comparable.
Hornetsecurity is a provider of cloud-based security services offering solutions in the fields of email security and data storage worldwide. Additionally, the company offers high level protection for customers’ IT infrastructures. Hornetsecurity is backed by financial investors and has been following a buy-and-build strategy by acquiring Spamina, the Spanish market leader for cloud email security solutions, Everycloud, the British market leader for cloud email security solutions, Altaro, the global provider of backup solutions and Zerospam, the Canadian email security leader.
Oaklins’ team in Germany acted as the exclusive financial advisor for the sellers in this transaction.
Idea generator and Co-founder, IT-Seal GmbH
Talk to the deal team
Jan P. Hatje
Ricotto has been acquired by Sitra Group
Ricotto S.r.l. has joint Sitra Group, a Belgium-based and PE-backed international logistic and transportation group.Learn more
M80 Partners has acquired Luminis
Belgian private equity fund M80 has acquired a majority stake in Luminis. M80 offers to software and technology company Luminis the opportunity to further expand its strategy and market position internationally. Luminis becomes part of a platform that also includes XPLUS, a Belgian expert in enterprise IT architecture. M80 plans to make further selective acquisitions in Europe in the coming months with the aim of bringing together a portfolio of best-in-class digital transformation specialists.Learn more
Spice Private Equity Ltd. has had a fairness opinion conducted on a public tender offer by GP Investments
On 14 July 2022, GP Swiss Ltd., a subsidiary of GP Investments, published a public tender offer for all publicly held registered shares of Spice Private Equity Ltd. (Spice). The independent members of the Board of Directors of Spice have had a fairness opinion conducted on the financial adequacy of this public tender offer. The offer price for each Spice share was US$16.25 net in cash. Following a successful offer, GP Investment intends to delist the stock from the SIX Swiss Stock Exchange.Learn more